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9 results for “Fed”

Brazil’s Political Risk Spikes Long-Term Rates After Supreme Court Unseals Master Case
Long-term interest rates in Brazil jumped on Friday after the Supreme Federal Court unsealed documents in a massive political-financial fraud scandal.

Supreme Court Crisis Deepens as Justice Mendonça Orders Removal of Federal Police Chief
A single-judge decision by Justice André Mendonça to remove Brazil’s Federal Police director-general has sparked an institutional crisis, forcing the STF President to intervene.

Political Turmoil and Banking Scandal Push Brazil’s Presidential Race to a Statistical Tie
An explosive judicial feud linked to a banking fraud scandal has tightened the presidential election, while major court rulings redefine risk for agribusiness and mining.

Nubank Kicks Off Full U.S. Expansion With High-Yield Account
Latin American digital banking giant Nubank has launched its consumer banking suite in the U.S. through a strategic partnership with Lead Bank.

Lula Pressures Rio Grande do Sul Governor as R$6.5 Billion Climate Fund Stalls
President Lula criticized the slow disbursement of a R$6.5 billion climate infrastructure fund for Rio Grande do Sul, demanding approved resilience projects before releasing the remaining funds.

Brazil Supreme Court Rejects Land Claim Cut-Off, Creating Long-Term Risk for Agribusiness
Brazil's Supreme Federal Court (STF) struck down the 'Marco Temporal' time-limit thesis, dramatically increasing regulatory uncertainty for agribusiness and mining.

Datafolha Poll Confirms Tight Senate Race and Runoff in Brazil’s Northeastern Stronghold of Pernambuco
The latest Datafolha poll in Pernambuco shows a technical tie for two Senate seats and confirms a likely gubernatorial runoff between the incumbent and a former Recife mayor.

Brazil Police Conclude ‘Fraudulent Management’ in BRB’s R$17.5 Billion Banco Master Deals
Brazil's Federal Police concluded that former directors of the state-controlled BRB bank committed fraud in the purchase of R$17.5 billion in credit portfolios.

Federal Police Report Alleges Central Bank Official Acted as ‘Informal Consultant’ to Disgraced Banker in Master Scandal
A newly-released Federal Police report alleges a high-ranking Central Bank official advised Banco Master's former owner, Daniel Vorcaro, on regulatory strategy.